by Eric Landro | Feb 23, 2023 | Uncategorized
If you made gifts last year you may be wondering if you need to file a gift tax return. The short answer: There are many situations when it’s necessary (or desirable) to file Form 709 — “United States Gift (and Generation-Skipping Transfer) Tax Return” — even if...
by Eric Landro | Feb 21, 2023 | Uncategorized
You may be able to deduct business home office expenses if you run a business from home. Many people began working from home during the COVID-19 pandemic — and many still work from their home offices either all the time or on a hybrid basis. If you’re self-employed...
by Eric Landro | Feb 21, 2023 | Uncategorized
If you’re getting ready to file your 2022 tax return, and your tax bill is higher than you’d like, there still may be time to make an IRA contribution for last year. If you’re eligible, you can make a deductible contribution to a traditional IRA right up until this...
by Eric Landro | Feb 17, 2023 | Uncategorized
Late in 2022, the IRS released final regulations addressing extended deadlines for certain information-reporting requirements of the Affordable Care Act (ACA). The final regs generally apply to calendar years beginning after December 31, 2021. If your organization is...
by Eric Landro | Feb 15, 2023 | Uncategorized
The 2022 mid-term election has shifted the scales in Washington, D.C., with the Democrats no longer controlling both houses of Congress. What’s the fate of potential tax legislation in the new Congress? While it remains to be seen if — and when — any tax-related...
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